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TORC Oil & Gas Ltd. VREYD

TORC Oil & Gas Ltd engages in the exploration, development, and production of oil and natural gas reserves in the southeast Saskatchewan area. Crude oil constitutes an overwhelming majority of the production mix the company gathers from its assets. TORC gains access to its assets through government issued royalties and uses various techniques to identify hydrocarbon reservoirs. The company focuses heavily on light oil resource plays and relies on a three-phased strategy of resource capture, delineation, and production growth.


OTCPK:VREYD - Post by User

Comment by ratsnake220on Sep 29, 2020 4:09pm
115 Views
Post# 31636809

RE:Tempted to dump some of my other names

RE:Tempted to dump some of my other namescheadle....my thoughts are yours....you need a base building....and your in a crooked industry with a Government who wants to play politics....to many seats in South West BC....that Skippy Trudeau has to pretend he is a environmentalist......He cant bail out oil.....they already are subsizied by 3.3 billion dollars.....so its a tough sector....and in 6 weeks you start to see tax loss selling.....The only one who believes in a double for these stock is Eric the Great...!.....and his top picks would have put you in bankruptcy from a year ago.....i would move your weight to 20% mid cap oil and 40% in industrials ....i do think things like usa pot stocks will do well with Biden admin....states are bankrupt and need sales tax from cbc......i have a 35% weight in silver and Gold.....i do think with covid back in fall...Torc will be under a dollar but not hit .55 low of last year.....So i am looking for a entry point knowing next 4 months will be brutal for the mid tier producers...60% of canadians want Green power and could not care less about energy stocks
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